Friendly Competition

5 posts by 5 users

Medium 1399356581 avatar cashflowminded Tony Thompson
Real Estate Investor from Kansas CIty, MO
93 Posts
8 Votes
2 Awards

Tony Thompson

Real Estate Investor from Kansas CIty, Missouri

Nov 20 '12, 12:53 PM


This is partially related to real estate, but more of a general business question.

I do photography for Google's Street View program, they now provide Streetview for the inside of businesses - this is what I do on the side, and its a lot of fun and I make decent money at it.

I have referred 3 of my friends to the program (anyone can join) because my attitude is that there is always plenty of opportunity out there, plus it is inevitable that other photographers will join the program in my area anyways.

With Google's program, you cannot photograph real estate for sale. I started researching ways to photograph virtual tours for real estate.

After a couple weeks of hard work and many sleepless nights, I found a great platform to provide virtual tours for real estate.

Tonight my 3 buddies and I are meeting on a G+ Hangout to discuss the future of the program and how it relates to us.

They will without a doubt, ask me how I am able to create and host virtual tours for real estate.

Since I have worked so hard on this, is it really fair for me to just tell them how to do it? Or am I worrying too much about competition?

This platform is pretty slick... it is compatible with all devices including iphone/ipad so I am pretty excited for it. There are very few virtual tours for listings in my area, so the opportunity is there. I just don't want to give away my hard work.

Thanks.



This post has been removed.

Medium 1399439494 avatar shabaka nj Ibrahim Hughes
Investor from Union, NJ
1547 Posts
611 Votes
7 Awards

Ibrahim Hughes

Investor from Union, New Jersey

Nov 20 '12, 03:42 PM


I'm leaning towards being somewhat vague and looking to get paid for my time and hard work. I'm a very charitable person but usually more so with regular citizens, family and charitable organizations.

With business professionals who are accustomed to paying for resources (information included) to make their business grow.......they have to pay.



Medium webuynjrealestate bbbIbrahim Hughes, We Buy NJ Real Estate LLC
Website: http://www.WeBuyNJRealEstate.com


Medium 1434819274 avatar ilikemoney Rob K.
Investor from Southeast, MI
2289 Posts
1399 Votes
7 Awards

Rob K.

Investor from Southeast, Michigan

Nov 21 '12, 03:36 AM


Originally posted by Ibrahim S:
I'm leaning towards being somewhat vague and looking to get paid for my time and hard work. I'm a very charitable person but usually more so with regular citizens, family and charitable organizations.

With business professionals who are accustomed to paying for resources (information included) to make their business grow.......they have to pay.

I totally agree. I always like to be helpful and give free advice, but if you have a great idea that you worked on, you should capitalize on it. Having friends and helping them out is one thing, but you should keep your intellectual property for yourself.



Medium 1448386327 avatar financexaminer Bill Gulley
Investor, Entrepreneur, Educator from Springfield, MO
20662 Posts
10371 Votes
18 Awards

Bill Gulley

Investor, Entrepreneur, Educator from Springfield, Missouri

Nov 21 '12, 07:42 AM


Having a good idea and having a marketable idea are two different things. If I get stuck on an idea I don't let it go until I solve it, doesn't mean it's research and development. What is the value of a sleepless hour? Can you really put that or your persistance out as a professional venture?

If there is equipment involved, some gizzmo, put it in a box with connections, whatever, and lease it, don't sell it. Follow the cable tv box model. Maybe on a per pic/hour basis with the material going through you, otherwise maybe a flat monthly rental.

If you have a good idea, sandbag, never give out 100%, that keeps you in the loop.



Medium logoscopiccroppedblue2Bill Gulley, General Real Estate Academy
Website: https://generalrealestateacademy.com


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